123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Metagenomic Sequencing Market: Ngs Data Analysis Using Big Data

Profile Picture
By Author: Snehal S
Total Articles: 366
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The Growth in the metagenomic sequencing market is mainly driven by continuous technological innovations in NGS platforms, increasing initiatives and funding from government & private bodies for large-scale sequencing projects, declining costs of genome sequencing, and the significant applications of metagenomics in various fields.

The metagenomic sequencing market is expected to reach USD 4.3 billion by 2027 from USD 1.9 billion in 2022, at a CAGR of 18.4% during the forecast period.

Download PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60408643

Market Segmentation:

Based on applications, the metagenomic sequencing market is segmented into drug discovery, clinical diagnostics, soil microbiome applications, industrial applications, ecological & environmental applications, veterinary applications, and other applications. The drug discovery segment accounted for the largest share of the market in 2021. The large share of this segment can be attributed to the increasing research activities for novel drug discovery and growing collaborations between market players, academic ...
... institutions, and pharmaceutical companies for drug development.

Based on products & services, the metagenomic sequencing market is segmented into reagents & consumables, instruments, services, and analysis & data interpretation solutions. The reagents & consumables segment accounted for the largest share of the market in 2021. Factors such as the development and commercialization of high-quality reagents and kits and the continuous requirement of sequencing reagents by end users are expected to drive the growth of this segment in the market.

Regional Analysis:
The market in the Asia Pacific is expected to register the highest growth rate during the forecast period, primarily due to the increasing financial support from public as well as private agencies, the increasing number of NGS-based research projects, increasing awareness about precision medicine, and the rising prevalence of chronic diseases.

Request Sample Pages: -https://www.marketsandmarkets.com/requestsampleNew.asp?id=60408643

Top Key Players:
Some of the leading players operating in the metagenomic sequencing market are Illumina, Inc. (US), Thermo Fisher Scientific (US), QIAGEN N.V. (Netherlands), PerkinElmer, Inc. (US), and Oxford Nanopore Technologies Plc. (UK).

Total Views: 43Word Count: 305See All articles From Author

Add Comment

Business Articles

1. Kinemaster Mod Apk Best Video Editing & Video Making App
Author: KineMaster

2. Unraveling The Mysteries Of Credit Repair: Your Trusted Credit Attorney In Los Angeles And Chandler, Az
Author: Martin King

3. Best Asset Investment Company
Author: Jerry

4. Top Website Design Company In India
Author: seo

5. Industrial Process Fan: Things To Consider For Choosing The Right Product
Author: Neel Rao

6. Streamlining Shipping: Delving Into The Vitality Of Efficient Sea Freight
Author: 121 Air Sea Cargo Ltd

7. Sugarcane Straws – A Simple Yet Impactful Choice For World
Author: George Evans

8. Digital Dominance: Why Every Business Must Embrace Digital Marketing For Success
Author: socialsiren

9. Digital Marketing Excellence: Navigating Success With Socialsiren’s Proven Strategies And Client-centric Approach
Author: socialsiren

10. Socialsiren, A Leading Digital Marketing Agency In Hyderabad, Recognizes The Immense Benefit Of Local Seo. Let’s Explore How This Strategy Contributes
Author: publisher

11. Firoz Bux The Founder And Ceo Of Hvm Group
Author: Firoz Bux

12. Maximizing Digital Potential: The Power Of On-page Seo Strategy By Socialsiren
Author: socialsiren

13. Balancing Act: The Role Of Induced Draft Fans In Boiler Operations
Author: Neel Rao

14. Dao Development Company
Author: tamil

15. Devon Delights: Dj Hire Devon For Unforgettable Celebrations
Author: press

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: